Kenya’s Twiga Foods falls into administration after raising $185 million

Kenya’s Twiga Foods enters administration after raising $185 million, following years of debt, losses and restructuring efforts.

Omokolade Ajayi September 14, 2026

Optasia Limited, the Dubai-headquartered and JSE-listed fintech company

Technology Business Hot News

Optasia profit surges 58% to $36.9 million on booming mobile financial services

Optasia’s net profit jumped 58 percent to $36.9 million in H1 2026, driven by an 84 percent surge in mobile financial services across African markets.

Omokolade Ajayi September 14, 2026

Aliko Dangote, Africa's richest man and Dangote group President

Business Hot News

Nigerian billionaire Aliko Dangote launches Africa’s biggest IPO at $49B valuation

Nigeria’s Aliko Dangote launches Africa’s biggest IPO, offering retail investors a 3.3 percent stake in his Lagos oil refining facility.

Omokolade Ajayi September 14, 2026

Business Hot News

South African businessman Lucas Legabe granted bail over $13 million cocaine theft case

South African businessman Lucas Legabe was granted R50,000 ($3,080) bail over alleged theft of cocaine worth $13.31 million from a Hawks facility.

Feyisayo Ajayi September 14, 2026

Business Global News

Glencore eyes alumina, energy investments in Guinea after $300 million bauxite deal

Glencore eyes alumina and energy investments in Guinea after signing a more than $300 million bauxite financing and offtake deal.

Oluwatosin Alao September 14, 2026

Tag: India’s Solar Industries

Omnia Holdings gets $1.3 billion buyout bid from India’s Solar Industries

Kenya’s Twiga Foods falls into administration after raising $185 million

Optasia profit surges 58% to $36.9 million on booming mobile financial services

Nigerian billionaire Aliko Dangote launches Africa’s biggest IPO at $49B valuation

South African businessman Lucas Legabe granted bail over $13 million cocaine theft case

Glencore eyes alumina, energy investments in Guinea after $300 million bauxite deal

Kenya’s Twiga Foods falls into administration after raising $185 million

Optasia profit surges 58% to $36.9 million on booming mobile financial services

Nigerian billionaire Aliko Dangote launches Africa’s biggest IPO at $49B valuation

Kenya’s Twiga Foods falls into administration after raising $185 million

Optasia profit surges 58% to $36.9 million on booming mobile financial services

Nigerian billionaire Aliko Dangote launches Africa’s biggest IPO at $49B valuation

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